UK government asks regulator Ofcom to review Russia Today's broadcast in UK
February 23, 2022, 5:42 pm

UK government asks regulator Ofcom to review Russia Today's broadcast in UK

UK-Westminster-London/Pixabay

The BBC reported, the UK government has asked media watchdog Ofcom to review the Russia Today (RT) news channel's broadcasts in the UK.

Culture Secretary Nadine Dorries told Ofcom the channel "is demonstrably part of Russia's global disinformation campaign" during the Ukraine crisis.

She said: "It is essential that the UK looks to limit Russia's ability to spread their propaganda at home."

Ofcom said it has "already stepped up our oversight of coverage" of the crisis by broadcasters in the UK.

The Russian foreign ministry said it would take retaliatory steps against British journalists if the UK restricts Russian media.

The Kremlin-backed channel, which is available to millions of homes in the UK, said the UK government was interfering in institutions like Ofcom that were supposedly free from political pressure.

In the House of Commons on Wednesday, Labour leader Sir Keir Starmer described the channel as the "personal propaganda tool" of Russian President Vladimir Putin, and called on Boris Johnson to review its licence.

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The prime minister replied that the culture secretary "has already asked Ofcom to review that matter".

He added: "But what I will say is that we live in a in a democracy, and we live in a country that believes in in free speech. And I think it's important that we should leave it up to Ofcom rather than to politicians to decide which media organisations to ban. That's what Russia does."

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In her letter to the regulator, Ms Dorries said she was concerned that the channel would "look to spread harmful disinformation about the ongoing crisis in Ukraine here in the UK".

Ofcom chief executive Dame Melanie Dawes replied: "Recognising the serious nature of the crisis in Ukraine, we have been keeping the situation under close review and have already stepped up our oversight of coverage of these events by broadcasters in the UK.

"We are expediting complaints in this area as a matter of urgency and we will not hesitate to take swift action where necessary. I am confident that we have the full range of enforcement tools at our disposal and our track record shows that when we find a breach of our rules, we can and do take action."

Ukraine declares state of emergency, told its citizens to leave Russia

On Wednesday, RT deputy editor-in-chief Anna Belkina said: "Always a joy to see Western and particularly British politicians finally drop their hypocritical disguise in favour of open interference in institutions they touted as supposedly totally independent and wholly free from political pressure and interference."

Source: BBC

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.